Previous close | 0.3400 |
Open | 0.3400 |
Bid | 0.1500 |
Ask | 0.3000 |
Strike | 65.00 |
Expiry date | 2023-12-15 |
Day's range | 0.3400 - 0.3400 |
Contract range | N/A |
Volume | |
Open interest | 123 |
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Auto workers officially went on strike after failing to reach a new contract agreement with Big Three automakers Ford (F), General Motors (GM), and Stellantis (STLA), before the Thursday deadline.The United Auto Workers union conducted a stand-up style strike, simultaneously picketing at three different plants: General Motors' Wentzville, Missouri facility; Ford's Michigan Final Assembly & Paint Plant; and the Stellantis Assembly Plant in Toledo, Ohio. Approximately 13,000 workers are reportedly taking part in this strike that analysts predict could go on for over a month.Yahoo Finance's Pras Subramanian and Rick Newman discuss how this strike could impact the automotive industry, dynamics among non-unionized auto workers, and its potential effects on auto parts suppliers and used car retailers.
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